Buys

This Is How Much Space $300,000 Buys In Cities Around The World

By Tyler Durden The bull market in hot urban retail and commercial real estate markets lasted for pretty much the entire post-crisis recovery period. But COVID has turned things around; and as people flee to the suburbs, it’s worth taking a look at how valuations have declined. While urban real estate markets have taken a…

PNC Buys BBVA’s US Arm For $11.6BN In 2nd-Biggest Banking Deal Since Collapse Of Lehman

With the Fed expected to continue suppressing lending margins for the foreseeable future, the slow creep of consolidation in the banking industry continued Monday morning when Pittsburgh-based PNC Financial announced that it had agreed to buy the US business of Spanish banking giant BBVA for $11.6 billion. According to Reuters, the deal is the second-biggest…